United Way Of Iberia Inc
- Assets
- $170.0k
- Revenue
- $175.3k
- Investments
- $0.0
- Employees
- 2
- Location
- New Iberia, LA
- Founding
- 10/1962
- Data as of
- 06/2022
- EIN
- 72-0514494
Organization Overview
United Way Of Iberia Inc is located in New Iberia, LA. The organization was established in 1962. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, United Way Of Iberia Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Way Of Iberia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, United Way Of Iberia Inc generated $175.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $165.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE OF ALL PEOPLE BY GATHERING AND DISTRIBUTING, IN AN EFFICIENT AND ACCOUNTABLE MANNER, COMMUNITY RESOURCES WHICH RESPOND TO PRIORITY HEALTH AND HUMAN SERVICE NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPACT WAS ESTABLISHED TO DISTRIBUTE SOME OF THE STAFF SALARIES AND OTHER EXPENSE WHICH DIRECTLY AFFECT CLIENTS AND/OR MAKE A PERMANENT IMPACT WITHIN THE COMMUNITY. EXAMPLE: ACCESS FREEDOM RAMP PROJECT THAT PROVIDED HANDICAP RAMPS TO THOSE CLIENTS WHO HAVE NO ACCESS IN OR OUT OF THEIR HOMES. IN ADDITION, UNITED WAY HOSTS PERIODIC MEETINGS (COMMUNITY RETREAT AND COMMUNITY CONVERSATIONS) WHOSE OUTCOMES DIRECTLY AFFECT THE ISSUES MEMBERS OF THE COMMUNITY WISH TO SEE UNITED WAY FOCUS THEIR ENERGIES TO INSTATE POSITIVE, PERMANENT CHANGE FOR ALL RESIDENTS OF THE IBERIA PARISH COMMUNITY.
RESOURCE CENTER - THIS IS AN IN-HOUSE PROGRAM ESTABLISHED TO ASSIST CLIENTS WITH BASIC AND/OR EMERGENCY NEEDS. FUNDS FOR THIS PROGRAM ARE ESTABLISHED THROUGH THE UNITED WAY BUDGET PROCESS AND ARE APPROVED AND MONITORED BY THE BOARD OF DIRECTORS. DISTRIBUTION OF SOME OF THE STAFF SALARIES ARE EXPENSED THROUGH THIS PROGRAM FOR THE TIME SPENT DIRECTLY ASSISTING CLIENTS OR WORKING ON SPECIAL PROJECTS THROUGHOUT THE YEAR, SUCH AS THE ANNUAL SCHOOL SUPPLY DRIVE AND HOLIDAY ADOPTIONS.
FUND DISTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corleen Rouly Exec. Director | Officer | 40 | $45,004 |
Heath Hulin Chairman | OfficerTrustee | 2 | $0 |
Rev Zack Mitchell Ex Officio | OfficerTrustee | 2 | $0 |
Royce Boycer 1st Vice Pres | OfficerTrustee | 2 | $0 |
Farrell Armentor Treasurer | OfficerTrustee | 2 | $0 |
Delores Johnson Reid Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $131,665 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,367 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,032 |
| Total Program Service Revenue | $0 |
| Investment income | $232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,661 |
| Compensation of current officers, directors, key employees. | $11,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,988 |
| Pension plan accruals and contributions | $1,580 |
| Other employee benefits | $20,733 |
| Payroll taxes | $5,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,352 |
| Advertising and promotion | $264 |
| Office expenses | $3,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,820 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53 |
| Insurance | $2,405 |
| All other expenses | $290 |
| Total functional expenses | $165,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,158 |
| Savings and temporary cash investments | $94,255 |
| Pledges and grants receivable | $17,507 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $169,991 |
| Accounts payable and accrued expenses | $4,619 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,619 |
| Net assets without donor restrictions | $115,155 |
| Net assets with donor restrictions | $25,217 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $169,991 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that United Way Of Iberia Inc has recieved totaling $19,220.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Acadiana Lafayette, LA PURPOSE: Annual Appeal. Leader in Me Program | $16,720 |
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: 2021 CORPORATE GIFT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Houston Houston, TX | $90,238,589 | $64,032,577 |
United Way Of Metropolitan Dallas Inc Dallas, TX | $52,867,984 | $61,265,319 |
United Way Of San Antonio & Bexar County San Antonio, TX | $74,846,616 | $63,219,295 |
United Way Of Tarrant County Fort Worth, TX | $18,831,781 | $22,745,265 |
United Way For Greater Austin Austin, TX | $12,924,459 | $23,251,775 |
United Way Of Denton County Inc Denton, TX | $7,662,302 | $25,065,055 |
Circle Of Life Springdale, AR | $23,639,439 | $20,357,791 |
Valero Energy Foundation San Antonio, TX | $27,234,889 | $9,027,256 |
Jewish Federation Of Greater Houston Houston, TX | $13,164,896 | $16,157,692 |
United Way Of Southeast Louisiana New Orleans, LA | $29,969,457 | $17,838,416 |
Jewish Federation Of Greater Dallas Dallas, TX | $18,027,508 | $11,762,815 |
Shalom Austin Austin, TX | $8,435,174 | $13,067,909 |